News about our SVR
Following the announcement from the Bank of England on 3 February to increase the Base Rate by 0.25% to 0.50%, we can confirm we are implementing a partial rate change.
Our SVR will increase by 0.15% to 5.54%, effective 1 March 2022.
In addition to our SVR increase we are working to review our entire range of products to ensure these remain competitively priced. Further information will be sent by email when these changes take place.
If you have existing clients with a discount rate deal this will increase in line with the SVR change on 1 March 2022. For clients with a Base Rate tracker mortgage the 0.25% Base Rate increase will be applied from 1 March 2022, in line with the terms and conditions.